Plan Snapshot
- Plan Sponsor: United Wire, Metal & Machine Health & Welfare Fund
- Sponsor EIN: 135608135
- Sponsor Address: 45-06 PEARSON STREET, 2ND FLOOR, LONG ISLAND CITY, NY, 11101
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,870
- Total Assets: $83.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,870 | $83.6M | $33.2M | $141,629 |
| 2023 | 2,743 | $86.5M | $29.6M | $271,837 |
| 2022 | 2,532 | $88.7M | $28.0M | $248,619 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MAGNACARE ADMINISTRATIVE SERVICES | Other Service Provider | $1,370,840 | — | $1,370,840 |
| JRN CONSULTING, LLC | Other Service Provider | $420,824 | — | $420,824 |
| LORRAINE BUONACORE | Recordkeeper | $254,763 | — | $254,763 |
| SEGAL COMPANY (EASTERN STATES), INC | Other Service Provider | $166,505 | — | $166,505 |
| WANDA LOZANO | Other Service Provider | $138,841 | — | $138,841 |
| PRINCIPAL ENHANCED PROPERTY FUND LP | Other Service Provider | $137,387 | — | $137,387 |
| D.D. SERVICES, INC | Other Service Provider | $129,698 | — | $129,698 |
| LINDA ALVAREZ | Other Service Provider | $127,528 | — | $127,528 |
| VICKY TYCZYNSKI | Other Service Provider | $107,549 | — | $107,549 |
| LOOMIS SAYLES TRUST COMPANY | Other Service Provider | $97,864 | — | $97,864 |
| FENIMORE ASSET MANAGEMENT, INC. | Other Service Provider | $96,357 | — | $96,357 |
| MURAT BADIOGLU | Other Service Provider | $87,651 | — | $87,651 |
| FRANCESCO LICARI | Other Service Provider | $86,217 | — | $86,217 |
| LOURDES BERREZUETA | Other Service Provider | $77,994 | — | $77,994 |
| PROSKAUER ROSE LLP | Other Service Provider | $77,500 | — | $77,500 |
| ROSANNA FURIO | Other Service Provider | $76,677 | — | $76,677 |
| MILAGROS ACOSTA | Other Service Provider | $73,332 | — | $73,332 |
| WEAVER AND TIDWELL LLP | Auditor | $71,000 | — | $71,000 |
| EUFEMIO RODRIGUEZ | Other Service Provider | $69,520 | — | $69,520 |
| MARK TORRES | Other Service Provider | $68,448 | — | $68,448 |
| MATTHEW SCHER | Other Service Provider | $67,929 | — | $67,929 |
| STACEY BRAUN ASSOCIATES, INC. | Other Service Provider | $67,315 | — | $67,315 |
| STEPHEN GARRIQUES | Other Service Provider | $66,983 | — | $66,983 |
| WILLIAM ALEXANDER | Other Service Provider | $57,834 | — | $57,834 |
| TIMOTHY MCGLYN | Other Service Provider | $56,968 | — | $56,968 |
| KATTIA SANTANA | Other Service Provider | $51,232 | — | $51,232 |
| COLUMBIA MANAGEMENT INVESTMENT ADVI | Other Service Provider | $44,940 | — | $44,940 |
| REYNOLDS CONSULTING SERVICES, LLC | Other Service Provider | $44,875 | — | $44,875 |
| BARNES, IACCARRINO & SHEPHERD LLP | Other Service Provider | $40,500 | — | $40,500 |
| ALAINA JEWELS | Other Service Provider | $37,830 | — | $37,830 |
| GREGORY HOLLOMAN | Other Service Provider | $29,802 | — | $29,802 |
| REBECCA BROWN | Other Service Provider | $28,580 | — | $28,580 |
| ULLICO INVESTMENT ADVISORS INC | Other Service Provider | $27,164 | — | $27,164 |
| LERNER CUMBO & ASSOCIATES | Other Service Provider | $18,287 | — | $18,287 |
| ROY BARNES, ESQ | Other Service Provider | $15,406 | — | $15,406 |
| ROCIO GARCIA | Other Service Provider | $15,405 | — | $15,405 |
| COUNSEL ADVISORS INC | Other Service Provider | $15,010 | — | $15,010 |
| EXPRESS SCRIPTS, INC. | Other Service Provider | $12,948 | — | $12,948 |
| AMALGAMATED BANK | Other Service Provider | $8,243 | — | $8,243 |
| LITTLER MENDELSON PLLC | Other Service Provider | $7,500 | — | $7,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER AND TIDWELL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,451,246
- Estimated Expense Ratio: 5.327% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,952,163 | $515,902 | — | $74,333 | — |
| 2023 | $2,859,086 | $499,008 | — | $74,333 | — |
| 2022 | $2,220,966 | $526,954 | — | — | $264,247 |